Kevin C Tang Foundation
Kevin C Tang Foundation is a private foundation, based in San Diego, CA. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $28.6M in total assets. In 2024, it made $2K in qualifying distributions. Net investment income was $1.1M.
Kevin C Tang Foundation at a glance
- Total assets
- $28,583,237
- +30.0% vs 2023
- Revenue (2024)
- $1,428,186
- +37.0% vs 2023
- Qualifying distributions (2024)
- $2,463
- +87.4% vs 2023
- Expenses (2024)
- $377,245
- +102.0% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Kevin C Tang Foundation funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was $5M or more: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Kevin C Tang Foundation gives
- In 2024 it paid out 0% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2020, annual grant giving ranged from $5.4M (2018) to $6.3M (2020). In 2020 it made 1 grant totaling $6.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Philanthropic Trust Jenkintown, PA | Public Support | $6,257,948 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $28,583,237 | $1,428,186 | $377,245 | — | — | $2,463 | $1,069,488 | $1,390,943 |
| 2023 | $21,990,378 | $1,042,236 | $186,720 | — | — | $1,314 | $844,578 | $1,109,029 |
| 2022 | $19,644,266 | $-1,944,920 | $129,536 | — | — | $1,381 | — | $921,943 |
| 2021 | $16,551,262 | $687,595 | $88,826 | — | — | $1,263 | $582,291 | $795,890 |
| 2020 | $17,484,067 | $235,949 | $6,365,843 | $6,257,948 | 1 | — | $153,165 | $890,222 |
| 2018 | $15,875,652 | $11,260,481 | $5,546,477 | $5,406,481 | 16 | — | $13,464 | $1,010,274 |
Under IRS private-foundation payout rules, Kevin C Tang Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kevin C Tang Foundation is led by Kevin C. Tang, President, CFO & Secretary on every filing since 2018 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Kevin C. Tang
President, CFO & Secretary
On filings since 2018
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2018–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Kevin C Tang Foundation
How large is Kevin C Tang Foundation?
Kevin C Tang Foundation reported $28.6M in total assets on its 2024 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Kevin C Tang Foundation operate?
Kevin C Tang Foundation has awarded grants in California, Connecticut, District of Columbia, Minnesota, New York, Pennsylvania, Texas.
What is Kevin C Tang Foundation's EIN?
Kevin C Tang Foundation's EIN (Employer Identification Number) is 46-1613820. IRS Form 990 filing data is available on this page for 2018–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2018 (received by the IRS November 15, 2019)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2018–2024
Live grants for the work Kevin C Tang Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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